Press Releases

16 - 07 - 2024

In the new version of GAMA our main focus was to ensure that non-state pension funds stress testing algorithms comply with the regulator’s requirements. But there is more to the new version.

Keeping up with the discussions on stress testing with the task force of the Risk Committee of the National Association of Non-State Pension Funds and the Bank of Russia, we made several adjustments to the previously implemented calculation procedure. We also ensured the upload of the data to the new edition of the Model file dated July 3, 2024.
Configuring formulas for future floater coupon rates became more flexible while the range of formulas for current rates expanded. As in each version of GAMA, imports were set, namely from Interfax and the Moscow Exchange website. Finally, minor adjustments were made to the calculation of the financial result.